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10-Q - FORM 10-Q FOR 11-30-2012 - Dixie Foods International, Incform_10-q.htm
EX-31 - RULE 13A-14(A) OR RULE 15D-14(A) CERTIFICATION - Dixie Foods International, Incex_31-1.htm
EXCEL - IDEA: XBRL DOCUMENT - Dixie Foods International, IncFinancial_Report.xls
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Statements of Cash Flows (USD $)
3 Months Ended 31 Months Ended
Nov. 30, 2012
Nov. 30, 2011
Nov. 30, 2012
Cash flows from operating activities      
Net loss $ (6,454) $ (7,632) $ (122,054)
Adjustments to reconcile net (loss) to net cash provided by (used in) operating activities:      
Depreciation 168 96 807
Issuance of common stock for services       19,000
Change in assets and liabilities      
Inventories 509    (9,056)
Prepaid expenses       (3,271)
Accounts payable 6,499 1,057 13,533
Accrued expenses (4,200) (4,000) 2,200
Due to shareholder       1,944
Net cash (used in) operating activities (3,478) (10,479) (96,897)
Cash flows from investing activities      
Purchases of property and equipment       (3,361)
Net cash (used in) investing activities       (3,361)
Cash flows from financing activities      
Common stock issued for cash 3,000    51,000
Preferred stock issued for cash       70,650
Payment of offering costs       (17,500)
Net cash provided by financing activities 3,000    104,150
Net increase in cash and cash equivalents (478) (10,479) 3,892
Cash and cash equivalents, beginning of year 4,370 54,416   
Cash and cash equivalents, end of year 3,892 43,937 3,892
Supplementary information:      
Interest         
Income taxes         
280,000 Shares issued for services to a related party @ .02 per share       5,600
520,000 Shares issued for services @.02 per share       10,400
150,000 Shares issued for services to directors @ .02 per share       $ 3,000